Tex. Spec. Dist. Local Laws Code § 8508.0063 · Subchapter B. BOARD OF DIRECTORS; ADMINISTRATIVE PROVISIONS
DIRECTORS' AND EMPLOYEES' FIDELITY BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The executive director, the treasurer, and any other officer, agent, or employee of the authority who has responsibilities that involve the collection, custody, or payment of authority money shall execute a fidelity bond.
(b) The board must approve the form, amount, and surety of the bond.
(c) The authority shall pay the premiums on the bonds required under this chapter.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8508.htm
- Text hash
- sha256 a78285a7c0a84f804a90fea56508f3f9a0b4f6cb590c4f480381aec5de7a9ff3
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.